comcast corp-class a (CMCSA) Key Developments
Digital Globe Services Inc. Announces Contract Extension with Comcast Communications
Mar 3 14
Digital Globe Services Inc. announced a contract extension with Comcast Communications. The multi- year contract solidifies DGS' position as a strategic partner to Comcast online sales channels. Through its process of advocacy for Comcast brands such as Xfinity, DGS will continue to deliver online customer acquisition solutions to Comcast through the provision of online marketing activities including optimised paid search via the dgSmart proprietary technology platform, white labelled integrated websites and customer call centre support. The DGS service will be optimised towards the delivery to Comcast of an increased average order per customer, an area in which DGS has proven market leading expertise. Additionally, DGS will be able to sell Comcast's new home security product as well as earn a one-time residual payment for Comcast customers who renew or maintain service beyond one year.
Comcast Might Reportedly Spinoff Assets
Mar 2 14
Comcast Corporation (NasdaqGS:CMCS.A) is considering options to divest about 3 million cable subscribers, including spinning them off in a new publicly traded company, according to people with knowledge of the matter. Regulators may push for the spin-out option as it would create a new competitor, one of the people added. Comcast has received interest from several companies including Charter which is interested in the assets, according to Chief Executive Officer of Liberty Media Corporation (NasdaqGS:LMCA), Greg Maffei. Bright House Networks, LLC and Cequel Communications Holdings I, LLC have also expressed interest in buying a portion of the 3 million subscribers, one person said. D'Arcy Rudnay, a spokeswoman for Comcast, and Susan Leepson, a spokeswoman for Time Warner Cable Inc. (NYSE:TWC), declined to comment while a spokeswoman for Bright House couldn't immediately be reached, The Press Enterprise added.
Comcast Reportedly Interested In Acquisition Of FreeWheel Media
Mar 2 14
Comcast Corporation (NasdaqGS:CMCS.A) is planning to acquire FreeWheel Media, Inc., reported Wall Street Journal citing a person familiar with the matter. The daily said that Comcast is reportedly looking to pay $320 million for FreeWheel Media Inc. Post-acquisition, FreeWheel will run as a stand-alone unit within Comcast. Its management and employees are expected to continue. A Comcast spokeswoman declined to comment. Officials with FreeWheel could not be reached for comment by the daily.
Netflix Reaches Deal with Comcast
Feb 23 14
Netflix has reached a deal with Comcast to ensure that its TV shows and movies are streamed smoothly to households, the first deal the online video streaming service has reached with an internet service provider. The two companies announced in a joint statement to establish a more direct connection to provide a better service to customers that will also allow for future growth in Netflix traffic. The companies say the arrangement is already giving customers a better experience.
Comcast Corporation Presents at Morgan Stanley Technology, Media and Telecom Conference, Mar-04-2014 10:15 AM
Feb 18 14
Comcast Corporation Presents at Morgan Stanley Technology, Media and Telecom Conference, Mar-04-2014 10:15 AM. Venue: The Palace Hotel, 2 New Montgomery Street, San Francisco, CA 94105, United States. Speakers: Michael J. Angelakis, Vice Chairman and Chief Financial Officer.